Common Property Resources (CPR) is accessible to while village community and no individual has exclusive property rights. They play a pivotal role in increasing income, generating employment opportunities and increases household assets. Particularly after introduction of New Economic Policy, the status and the use of Common Property Resources are gained further important from the point of view of the village economy in general and poor in particular. In fact, CPR in a rural economy acts as a harbinger of prosperity. Hence, distribution and utilization of common property resources in rural areas of our country have been receiving considerable attention by policy markers, government officials and researchers. Common property resources has become a major source of income for weaker sections belonging scheduled caste communities in the study areas of Adilabad district of Telangana state and Kurnool and Krishna district of Andhra Pradesh State. The intra area disparity is visible in Telanagana and Rayalaseema region of Andhra Pradesh state. Therefore, in order to improve their income position, almost all the marginal and small farmers of these two areas are excessively depending upon common property resources. These resources have become becon of hopes to them. Particularly for poor, down trodden, for under privileged farmers belonging to scheduled caste communities use of common property Resources have become a ray of hopes and resources should be protected from the explotation of rich farmers and the impact of globalization, privatization and liberalization should not destroy Common Property Resources.